Top High Forest, MN Mortgage Lenders

RankHigh Forest Mortgage LenderHigh Forest Home Loans ProcessedHigh Forest Home Loans ApprovedHigh Forest Home Loans DeniedHigh Forest Mortgage Median Loan to Income Ratio (LTR) for Approved LoansHigh Forest Mortgage Median LTR for Denied Loans
1Wells Fargo Bank 1,084 74%13%
  • 206%
  • (275,000 Loan / $133,000 Income)
  • 193%
  • (120,000 Loan / $62,000 Income)
2Think Mutual Bank 600 74%6%
  • 141%
  • (188,000 / $133,000)
  • 133%
  • (95,000 / $71,000)
3Eastwood Bank 422 81%6%
  • 156%
  • (136,000 / $87,000)
  • 169%
  • (175,000 / $103,000)
4Home Federal Savings Bank 297 63%7%
  • 163%
  • (100,000 / $61,000)
  • 150%
  • (27,000 / $18,000)
5Qr Lending Inc 160 65%13%
  • 184%
  • (142,000 / $77,000)
  • 224%
  • (112,000 / $50,000)
6Mayo Employees Federal Cu 159 90%6%
  • 44%
  • (55,000 / $124,000)
  • 190%
  • (80,000 / $42,000)
7Associated Bank 156 66%14%
  • 167%
  • (564,000 / $337,000)
  • 181%
  • (118,000 / $65,000)
8Us Bank 143 88%4%
  • 211%
  • (129,000 / $61,000)
  • 274%
  • (417,000 / $152,000)
9United Guaranty Corporation 127 71%11%
  • 259%
  • (317,000 / $122,000)
  • 268%
  • (309,000 / $115,000)
10Affinity Plus Federal Credit U 114 63%1%
  • 128%
  • (164,000 / $128,000)
  • 163%
  • (129,000 / $79,000)
11Merchants Bank 109 74%5%
  • 179%
  • (154,000 / $86,000)
  • 483%
  • (271,000 / $56,000)
12Countrywide Bank Fsb 106 72%10%
  • 230%
  • (122,000 / $53,000)
  • 264%
  • (169,000 / $64,000)
13Bank Of America 100 83%9%
  • 254%
  • (196,000 / $77,000)
  • 272%
  • (120,000 / $44,000)
14Jpmorgan Chase Bank 97 86%12%
  • 246%
  • (234,000 / $95,000)
  • 158%
  • (95,000 / $60,000)
15Genworth Mortgage Insurance Co 78 75%3%
  • 242%
  • (230,000 / $95,000)
  • 305%
  • (119,000 / $39,000)
16Mortgage Guaranty Insurance Co 71 66%9%
  • 251%
  • (344,000 / $137,000)
  • 328%
  • (315,000 / $96,000)
17First Alliance Credit Union 69 85%7%
  • 176%
  • (196,000 / $111,000)
  • 307%
  • (200,000 / $65,000)
18Citimortgage 68 79%8%
  • 283%
  • (190,000 / $67,000)
  • 389%
  • (417,000 / $107,000)
19Agstar Financial Services 67 49%13%
  • 257%
  • (232,000 / $90,000)
  • 270%
  • (354,000 / $131,000)
20Countrywide Home Loans 51 92%5%
  • 235%
  • (158,000 / $67,000)
  • 192%
  • (160,000 / $83,000)

High Forest, MN Mortgage Home Loan Summary Data & Statistics

  1. Loan Applications Processed: 5,530
  2. Loan Applications Denied: 651
  3. % of Loan Applications Denied: 11
  4. # of Loan Originations: 3,953
  5. % of Loan Applications Originated 71

High Forest, MN Home Loan Application Denied Reasons

Denied Reason % of All Denied Applications
Collateral9
Debt-to-income ratio6
Credit history6
Credit application incomplete2
Unverifiable information1

High Forest, MN Mortgage Loans Processed & Denied Applications by Loan Amount

Loan Amount Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,0001,450 6815
$100,000 - $300,0003,409 7210
$300,000 - $500,000560 6910
$500,000 - $1,000,00098 6112
$1,000,000 - $1,500,00013 3038

High Forest, MN Home Loans Processed & Denied Applications by Income Level

Income Levels Category Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
$0 - $100,0003,605 6913
$100,000 - $300,0001,703 739
$300,000 - $500,000184 774
$500,000 - $1,000,00037 7010
$1,000,000 - $1,500,0001 1000

Loan to Income Ratios Research for Mortgage in High Forest, MN

Loan to Income Ratio (Loan Amount as a Percentage of Income Levels) Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
0 - 30%33872 14
30 - 60%40073 12
60 - 100%47170 14
100 - 200%1,54174 9
200 - 300%1,58472 9
300 - 400%78366 14
> 400%41358 18

High Forest, MN Home Owner Occupancy Type Mortgage Data

Owner Occupancy Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
Owner-Occupied As A Principal Dwelling5,363 7111
Not Owner-Occupied As A Principal Dwelling154 7612
Not Applicable1 1000

Home Owner Property Type Statistics in High Forest, MN for Home Loans

Property Type Name Number of Loan Applications Processed % of Loans Originated % of Loan Applications Denied
One-To-Four Family Dwelling (Other Than Manufactured Housing)4,997 7111
One To Four-Family400 766
Manufactured Housing133 4832
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